Question

Pass journal entries for the following:

Jan. 5		Purchased goods for Cash ₹ 10,000 and spent ₹ 200 for their carriage.
Jan. 10		Purchased machinery for Cash ₹ 50,000 and spent ₹ 500 for its carriage.
Jan. 15		Paid ₹ 20,000 for cement, ₹ 10,000 for timber and ₹ 5,000 as wages for the construction of building.
Jan. 17		Purchased an old machinery for ₹ 20,000 and spent ₹ 2,500 on its immediate repairs.
Jan. 20		Paid ₹ 500 for repairing some other machinery.

Answer 1

Journal In the Books of …
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
Jan. 05	Purchases A/c	Dr.		10,000
	Carriage A/c	Dr.		200
	To Cash A/c				10,200
	(Goods purchased for cash and paid carriage)
Jan. 10	Machinery A/c	Dr.		50,500
	To Cash A/c				50,500
	(Machinery purchased for cash and carriage paid)
Jan. 15	Building A/c	Dr.		35,000
	To Cash A/c				35,000
	(Payment made for construction of building)
Jan. 17	Machinery A/c	Dr.		22,500
	To Cash A/c				22,500
	(Machinery purchased and expenses paid)
Jan. 20	Repairs A/c	Dr.		500
	To Cash A/c				500
	(Payment made for repairs)
	TOTAL			1,18,700	1,18,700